thanks for watching us. as was predicted yesterday, the national media is reporting today's economic news is a plus for president obama. i'm not saying the data is not a plus, i'm just telling you what the national media is doing. i'm reporting, not analyzing. but now i'll start analyzing. i listen to cbs radio every morning. it's usually pretty fair in its assessment of the news. but i knew when the economic data came out today cbs would report it this way. >> the labor department's october employment report, the last big reading on the economy before election day shows stronger than expected job gains. but more people were look for work last month and that pushed unemployment a tenth of a point higher to 7 .9%. still a pickup of 171,000 jobs is significant. economist stewart hoffman calls it the real deal. >> a good gain in jobs, a widespread gains, this isn't a fluke, it's a genuine improvement in the jobs market. >> in a moment lou dobbs will tell us if he agrees with that point of view. here is what is